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Friday, 10 November 23
INDIA: NATIONAL COAL INDEX RISES 3.83 POINTS IN SEPTEMBER AMID HIGHER DEMAND - LIVEMINT
The National Coal Index (NCI) rose 3.83 points to 143.91 in September amid growing demand for coal.
The union coal ministry on Tuesday said this is the first increase in the index since April 2023. “This incline was influenced by temporary rise of coal prices in global markets,” it said.
NCI is a price index combining the prices of coal from all the sales channels, notified prices, auction prices and import prices. It is used to determine the premium, on a per-tonne basis or revenue share on a percentage basis based on a market-based mechanism.
According to the ministry, the upward movement in the index indicates rising demand for coal because of the upcoming festive season and winter in the country, which will encourage coal producer to take maximum benefit by further scaling-up domestic coal production to meet the growing energy demands.
The National Coal Index (NCI) was rolled out on 4 June 2020 and it is a price index that reflects the change in price of coal on a particular month relative to the fixed base year.
In the past few months, India has witnessed an increase in demand for coal, largely from the power sector with surging power demand. Imports of coal by power plants have also continued as the power ministry has mandated all gencos to blend imported coal.
So far in FY24 (April-October) India has produced 507.01 million metric tonne coal with a 13.02% year-on-year growth. The government aims to take the annual production this fiscal to $1 billion tonne.
The captive and commercial mines have so far produced 75.94 million tonne and are expected to reach 162 million tonne by the end of the fiscal.
In FY23, India had produced 893.19 million tonne coal with a 14.77% growth over the previous year.
Source: Livemint
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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Coalindo Energy - Indonesia
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Vedanta Resources Plc - India
- Salva Resources Pvt Ltd - India
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Petron Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Maheswari Brothers Coal Limited - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- European Bulk Services B.V. - Netherlands
- Sojitz Corporation - Japan
- Deloitte Consulting - India
- Savvy Resources Ltd - HongKong
- Vizag Seaport Private Limited - India
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Samtan Co., Ltd - South Korea
- Central Java Power - Indonesia
- Economic Council, Georgia
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Indika Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- ICICI Bank Limited - India
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Wood Mackenzie - Singapore
- Videocon Industries ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Cement Manufacturers Association - India
- Australian Coal Association
- Commonwealth Bank - Australia
- Kalimantan Lumbung Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Mercator Lines Limited - India
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- Pendopo Energi Batubara - Indonesia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- GVK Power & Infra Limited - India
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Romanian Commodities Exchange
- Energy Link Ltd, New Zealand
- Planning Commission, India
- The University of Queensland
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Siam City Cement PLC, Thailand
- PNOC Exploration Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Oldendorff Carriers - Singapore
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Sarangani Energy Corporation, Philippines
- Ambuja Cements Ltd - India
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Agrawal Coal Company - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
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